7 Basics of Crisis Management

Posted on May 12, 2022 2:27 PM

Daily headlines are filled with companies dealing with crisis. Is your company prepared? Unlike Fortune 500 firms, smaller companies are often unprepared and usually do not have a crisis plan in place. They believe it will never happen to them. But what if it does?

Before a crisis strikes, business owners should think about how a disaster would impact employees, customers, suppliers, the general public, and their company's value. A crisis can strike any company anytime, anywhere. Advance planning is the key to survival. Here are seven critical steps to crisis management that every company should have in place, regardless of its size.


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Topics: Management, Crisis Management

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